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Minimum Variance Property
$$\frac{1}{n}\sum(x_i-\bar{x})^2\leq\frac{1}{n}\sum(x_i-a)^2$$
Usage
- Used in optimization-type statistics questions.
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Minimum Variance Property
$$\frac{1}{n}\sum(x_i-\bar{x})^2\leq\frac{1}{n}\sum(x_i-a)^2$$
Usage
- Used in optimization-type statistics questions.
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